Hyderabad-based MTAR Technologies receives SIDM award
Hyderabad: MTAR Technologies, a Hyderabad-based precision engineering solutions company has been conferred the National Level Champion Award from Society of Indian Defence Manufacturers (SIDM) under Import substitution for mission critical parts/systems/subsystems medium category for ball screws by Union Defence Minister Rajnath Singh at New Delhi on Tuesday. Ball Screws are highly complex import substitutes that […]
Hyderabad: MTAR Technologies, a Hyderabad-based precision engineering solutions company has been conferred the National Level Champion Award from Society of Indian Defence Manufacturers (SIDM) under Import substitution for mission critical parts/systems/subsystems medium category for ball screws by Union Defence Minister Rajnath Singh at New Delhi on Tuesday.
Ball Screws are highly complex import substitutes that are used in various mission critical assemblies including nuclear island assemblies, motion control actuation systems in missiles and launch vehicles in civil nuclear power, space & defence sectors.
Commenting on the award, Parvat Srinivas Reddy, MD said, “Since its inception, MTAR has been driven by a desire to indigenise technologies for the nation to benefit the greater community. Accordingly, we have always invested in futuristic technologies, infrastructure, and knowledge to indigenise the technologies for the nation.”
“Currently, we are developing associated technologies for roller screws that substitute imports across defence and space segments. Indian manufacturing is witnessing one of the most exciting phases amidst the push by the government on ‘Atmanirbhar Bharat’; MTAR would like to develop more indigenous products with innovative manufacturing technologies to contribute to self-reliant India,” he added.
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